Anglo Asian Mining Share Discussion Threads

[csmwssk12hu] 26/10/2016 16:48

Average volume normally 300k? All of a sudden the day after new discovery volume starts hitting 2-3m, even today apx 700k but apx 217k of that looks like one buyer not to
Mention lots of smaller 5000 10000 15000 and 20000 trades, they could have took bigger stake and we wouldn't know till 3% mark, how soon after do they have to mention 3%?

[csmwssk12hu] 26/10/2016 16:43

But if you sound out management and they say are looking for a pound for example you can buy these for sub 30p that's saved you £700k in a week, obviously there will be a point where it's cheaper just to buy them up, could there be talks ongoing but no mention until certainty, I've been in a few over the years and you can normally tell when something's a foot and I'm getting that feeling now, all imho

[zhockey] 26/10/2016 16:37

I doubt it's a takeover as JB says any interested party would have to convince the major shareholders and the rest would be a formality.

I do believe that there is stake building however, 1M shares is less than some on here hold. Don't think it's a fund either as aaz are stil too under the radar. Most likely a PI with deep pockets.

[csmwssk12hu] 26/10/2016 16:37

29.8 is average price they paid today

[jeanesy] 26/10/2016 15:55

Trump has no chance of winning. Given a choice most will vote for Clinton although i suspect most will not want either. Gold cant hold 1270 atmo. I suspect it will drift a little lower short term. I agree next weeks presentation could be interesting although i dont think they will release any price sensitive news. Next news im expecting is this months production. Not sure what figure we will get but i dont think we will hit the revised figures for the year as ive said before. The cold weather atmo will not help production figures either. If they are disappointing then that may tempt some short-termers to bail out although some may do so tomorrow if we end in the red today.

[jbe81] 26/10/2016 15:46

Would expect share price to increase up to next weeks presentation and possibility of a rns beforehand. Then is only a week to US election, imagine what a trump victory would do for the price of gold over night. either way US economy will start to unwind and will be good for gold. No reason to sell here.

[catsick] 26/10/2016 15:43

Nice moves over the last few sessions, I have cut my position by 10pct today , nice to launch some shares at 30p that were bought earlier in the year at 5p (-: Seem to be we have a huge load of new posters on the main board which I dont seem to be able to post on now, high volumes of shares trading too, I am still long term bullish here but its amazing that the day after the recent game changing news the shares didnt budge but a week or two later they have finally worked it out ...

[jeanesy] 26/10/2016 15:43

mm's moving this down into the close hoping for some cheap shares?

[brasso3] 26/10/2016 15:11

It does look like the larger trades are all buys which is a good sign. Always hard to be sure though on the AIM casino.

[csmwssk12hu] 26/10/2016 14:13

Three large trades today apx 67000 @ 8.21 50000 @ 10.06 and 49000ish at 12.15 interesting if we get another around 2.15 all limit orders and all three buy orders

[csmwssk12hu] 26/10/2016 13:41

Nice steady rise today bodes very well

[blueball] 26/10/2016 13:41

Hey ho 32p on the offer.

[miahkaysor] 26/10/2016 13:40

Here we go!!!!!

[miahkaysor] 26/10/2016 13:20

We should see 34p today!

[brasso3] 26/10/2016 12:26

Is anyone on here going to the presentation?

[csmwssk12hu] 26/10/2016 12:18

34p is where we should meet resistance, if we close at 35p or above we should move quickly to 55p as that is next resistance level

[jbravo2] 26/10/2016 12:05

It seems there is a slow relentless trickle of small pi's joining the party today.

Perhaps taken some time to do a bit of reading and realised they can get in on a company which will have >$90m revenue this year for only £30m mkt cap.

A wise decision which will do them well.

[zhockey] 26/10/2016 11:58

But what happens after 34p?

[csmwssk12hu] 26/10/2016 11:48

I don't think it would take much volume now to get this to 34, it's been very calm since yesterday afternoon, definitely sellers have took profits, yesterday and this morning but getting feeling about to rise again

[csmwssk12hu] 26/10/2016 11:39

True it will still be well above average

[jbe81] 26/10/2016 11:37

Still some big buys today, will be reasonable volume by the end of the day

[csmwssk12hu] 26/10/2016 11:29

Antofagasta put out bad results today probably caused bit of a lul in buying mining shares